As of February 19, 2026, the Securities and Exchange Commission of Pakistan (SECP) has reported that 88% of unlisted licensed companies are now publicly disclosing their annual audited financial statements through the Pakistan Stock Exchange’s (PSX) Financial Portal for Unlisted Companies (FPUC). This significant milestone follows a directive issued in January 2025, mandating these companies to enhance transparency and governance. The SECP's compliance drive has been pivotal, with compliance levels rising from negligible to 88%, showcasing a robust improvement in regulatory adherence. The SECP emphasized that public access to these financial statements is crucial for investors and stakeholders to assess the companies' performance and financial health.